AUDUSD , 21 Feb wait entry BUY retest breakout zone

21 Şub

AUDUSD trend forecast February 21, 2025

The Australian Dollar (AUD) softens slightly against the US Dollar (USD) after the release of Judo Bank’s Purchasing Managers Index (PMI) on Friday. However, the AUD/USD pair regained momentum following US President Donald Trump’s announcement of potential advancements in trade discussions with China, alleviating market worries surrounding tariff disputes.

Investors now turn their attention to the upcoming preliminary reading of the US S&P Global Purchasing Managers Index (PMI) for February, scheduled for release later in the day, which could provide fresh insights into the broader economic landscape and influence market sentiment.

Uptrend line, trendline and breakout support zone, good premise for stable price growth next

/// BUY AUDUSD: zone 0.63700 - 0.63600

SL: 0.63350

TP: 40 - 70 - 100pips ( 0.64600 )

Safe and profitable trading

21 Şub

İşlem aktif

Wait for the price to touch the Buy signal by the plan